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The similarity system

  • #10,241
  • Edited Oct 14, 2014 3:58am Oct 13, 2014 9:29pm | Edited Oct 14, 2014 3:58am
Quoting jinakado
{quote} Hello guys. Can anybody explain it again with pictures? how it can be both win and win?
Attached Image


In this example, a second potential transient zone is already forming. But anyway we focus on the potential transient zone developing in blue area.

Once prices enter recurrent zone (green) you are gonna buy. TP will be somewhere near top of green area. Or near top of blue area.

Bar A hits your recurrent zone TP. You win even if blue area goes on to become full transient zone. This is what that paragraph is talking about.

Bar B hits your transient zone TP. A bigger win. Blue area fails to become a full transient zone.
  • #10,242
  • Oct 13, 2014 9:45pm Oct 13, 2014 9:45pm
hi guys,

anyone here targetin EURUSD around 1.2518
anyone have same target?
  • #10,243
  • Oct 13, 2014 9:51pm Oct 13, 2014 9:51pm
Quoting LITEchild
{quote} that's exactly what stops are for. To limit losses. The winrate doesn't even matter, as long as the wins stay much bigger than the losses, then no harm done. That being said, if 93.6 breaks, then the probability of seeing 94.37 BEFORE 93.00 is very slim indeed imo. Tnx. Moreover, JPY is still the strongest currency at the moment and AUD the weakest(according to my algos anyway). What are the odds?
Yeah ok i know about stops. I just noticed that you we're shorting it and to me it looked like moving higher..so i thought i'd give you a different perspective..
  • #10,244
  • Oct 14, 2014 2:51am Oct 14, 2014 2:51am
Quoting Barbaresco
{quote} Well, I don't want the trick spelled out, even if I never get it. So, please don't feel that I am looking for a specific answer. I am happy to do the work and find my own stats, just want to be looking at it in the same way first. I see a recurrent zone as being confirmed and therefore satisfied for that H and TF by a single retrace through it. The indicators are also written this way. So, either this is incorrect, and there are multiple H-values or TF's being used to define whether a range is recurrent or satisfied, or there is something...
Hi Barbaresco,

I think it might be neat to calculate the probabilities of the (n+1)-st revisit in the next h_right time units, given n revisits have happened in the past (i.e. during the last h_left bars). The recurrent zones as we know them are but a special case for n=1. I suspect the probability will turn out to be quite high.

Cheers,
k
  • #10,245
  • Oct 14, 2014 2:58am Oct 14, 2014 2:58am
Quoting RBlackburn
{quote} Yeah ok i know about stops. I just noticed that you we're shorting it and to me it looked like moving higher..so i thought i'd give you a different perspective..
There is a worse thing regarding this trade than the pivot point, and that is that I have publicly endorsed it. There is nothing more certain, neither death nor taxes, than the unfavourable outcome of my pet trades.
I should make a thread, with the visitor's rule to trade contrarian (hell, I'd trade contrarian myself). It would make many people rich.

k

(I'm only kidding, following this overall approach you'd have made a dozen favorable trades on this pair already in the past month or so.)
  • #10,246
  • Oct 14, 2014 3:33am Oct 14, 2014 3:33am
Quoting leeshindig
All this to and fro Not even a good place to short imo. edit. sorry, it might end up being, but you can maybe get slightly higher first, is all I mean!

Reason why I said slightly higher for the short was the problem areas above on the daily. Infact, there's still another of around 8 pips from the 9th of October. But maybe that was enough for now. Either way, I was sleeping when it happened ha.
  • #10,247
  • Oct 14, 2014 3:54am Oct 14, 2014 3:54am
Quoting kprsa
{quote} There is a worse thing regarding this trade than the pivot point, and that is that I have publicly endorsed it. There is nothing more certain, neither death nor taxes, than the unfavourable outcome of my pet trades. I should make a thread, with the visitor's rule to trade contrarian (hell, I'd trade contrarian myself). It would make many people rich. k (I'm only kidding, following this overall approach you'd have made a dozen favorable trades on this pair already in the past month or so.)
Hi KPRSA

My compliments for your indy Transient_zones and TY so much for sharing.

I'm wondering if it wold be difficult for you to make a couple of small changes

1) possibility of different values for left H and right H
2) possibility of visualize ETZ or UTZ only

Thank you in advance

Franco
  • #10,248
  • Oct 14, 2014 4:17am Oct 14, 2014 4:17am
Quoting corvogrigio
{quote} Hi KPRSA My compliments for your indy Transient_zones and TY so much for sharing. I'm wondering if it wold be difficult for you to make a couple of small changes 1) possibility of different values for left H and right H 2) possibility of visualize ETZ or UTZ only Thank you in advance Franco
1 has already been addressed in V3........
I want more brain power!
  • #10,249
  • Oct 14, 2014 4:37am Oct 14, 2014 4:37am
Hi all
Many messages lately. People from the beginning of the thread, has been working hard to get any result. By this I mean, anyone trying to get results in just one week, he is very confused.
Regarding TZ are those postulated by Eurusdd. If you change the length of each part (H_left, H_right), ye are altering transient_recurrent odds.
Careful with that.
A principle of "Eurusdd" H_left is that if the price did not go through that price, then we can assume that H_righ increase the odds.
Think of the simple example:
B = bullish
L = bearish
If H_left = 5, we have B B B B B
What do you think will be in H_righ?
If you change the length of H_righ and H_left, the odds will not be real.
If you want to know where does all this, you have posted to the thread Markov.
All of this comes from there, applied on the graph.
Do not change settings if you do not know where they come from.
  • #10,250
  • Oct 14, 2014 4:59am Oct 14, 2014 4:59am
No need to complicate things:
Yesterday trades went around break even. I couldn't concentrate much due to some other distractions, went for few counter trend, that i couldn't monitor after some winnings, but still manage around break even.
Today, Just 2 hours: 6 trades, 1 loss and am done. No need to complicate things again. Let the price serves to you as eurusdd always advice. I am neither mathematician,statistician nor an engineering students, i just understand what the market shows me and tells me. DEVELOP YOUR SELF AND PRACTICE, PRACTICE AND PRACTICE PROBABILITY TRADES with good system is what makes the difference, and am getting more confidence each day.
I think i will stop giving brokers BIG money. I will start small, be patience, trade carefully, win big, compound, compound and compound ,withdraw profits, redistribute to other brokers and keep compounding. And see what will be after a year.

STARTING WITH ANOTHER BROKER USING JUST $100-200 at the end of the month, i will use account file attached below and see how it goes. Targeting 40% monthly with my trade secret. That is, i have to win like 15%-25% weekly, uuummmm. It is possible, yes,it is.
Attached Image (click to enlarge)
Click to Enlarge Name: New Picture (2).png Size: 25 KB
Attached File(s)
File Type: xls projection.xls   37 KB | 477 downloads
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #10,251
  • Oct 14, 2014 5:39am Oct 14, 2014 5:39am
Quoting corvogrigio
{quote} Hi KPRSA My compliments for your indy Transient_zones and TY so much for sharing. I'm wondering if it wold be difficult for you to make a couple of small changes 1) possibility of different values for left H and right H 2) possibility of visualize ETZ or UTZ only Thank you in advance Franco
Ciao Franco,

1) is done in v3, as cfdtaleong mentioned.
2) what do you mean exactly by ETZ or UTZ? End-of-bar and mid-bar?

k
  • #10,252
  • Oct 14, 2014 6:24am Oct 14, 2014 6:24am
Quoting kprsa
{quote} Ciao Franco, 1) is done in v3, as cfdtaleong mentioned. 2) what do you mean exactly by ETZ or UTZ? End-of-bar and mid-bar? k
Hi,kprsa
V3 has an Alert function?
  • #10,253
  • Oct 14, 2014 6:40am Oct 14, 2014 6:40am
Quoting kprsa
{quote} Ciao Franco, 1) is done in v3, as cfdtaleong mentioned. 2) what do you mean exactly by ETZ or UTZ? End-of-bar and mid-bar? k
Hey kprsa, first I want to thank you for your contribution to this thread and your recurrence indicator.

Secondly, I want to ask you what you find about the idea to add an alert when a possible problem bar becomes a true problem bar (I don’t know if that is possible) In the pictures below I’ll show why.

Big thanks for your time and effort. Much appreciated. If you don’t like the idea, ignore it!

GU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYM30.png Size: 69 KB
Click to Enlarge Name: USDJPYM5.png Size: 56 KB
  • #10,254
  • Oct 14, 2014 6:52am Oct 14, 2014 6:52am
Quoting GU-Night
{quote} Hey kprsa, first I want to thank you for your contribution to this thread and your recurrence indicator. Secondly, I want to ask you what you find about the idea to add an alert when a possible problem bar becomes a true problem bar (I don’t know if that is possible) In the pictures below I’ll show why. Big thanks for your time and effort. Much appreciated. If you don’t like the idea, ignore it! GU {image} {image}
Actually K, I second this. It would be good to get an bar indicator for A or h+1 where the Arrow is not grey but either Red/Blue.
A pip is only worth it if you know how much you risked to earn it
  • #10,255
  • Oct 14, 2014 7:26am Oct 14, 2014 7:26am
Quoting blueface
{quote} Hi,kprsa V3 has an Alert function?
Hi all,

it will have it soon.

k
  • #10,256
  • Oct 14, 2014 7:45am Oct 14, 2014 7:45am
For anyone interested, I have modified kprsa's RecurrenceStatisticV3 indicator for larger text.
None of the coding has been touched apart from displaying the text in customizable format, including font size/color, line spacing and indent. If the indicator is removed from a chart, all text objects are removed unlike the "Comment".

Attached File(s)
File Type: mq4 RecurrenceStatisticV3_Text Mod.mq4   25 KB | 583 downloads
  • #10,257
  • Oct 14, 2014 7:55am Oct 14, 2014 7:55am
Hey doublePip,

thanks, I think many people would find this useful!

This is an important reason for code-sharing, people can first verify the code, play with it and do what they want. Essentially, you don't start from scratch then.

Also, if anbody else has a version they found useful for sorting out a specific problem, please upload it here, as there may be more people that would find it useful. The code-sharing is also beneficial for me because I can easily add these modifications into the main version given a display of interest.

Cheers,
k
  • #10,258
  • Oct 14, 2014 8:02am Oct 14, 2014 8:02am
Quoting adeforex
No need to complicate things: Yesterday trades went around break even. I couldn't concentrate much due to some other distractions, went for few counter trend, that i couldn't monitor after some winnings, but still manage around break even. Today, Just 2 hours: 6 trades, 1 loss and am done. No need to complicate things again. Let the price serves to you as eurusdd always advice. I am neither mathematician,statistician nor an engineering students, i just understand what the market shows me and tells me. DEVELOP YOUR SELF AND PRACTICE, PRACTICE AND...
according to that spreadsheet , i would own the world in couple of months be prepared
but i would have to trade with myself, cause all of the money going to be mine then... boring
  • #10,259
  • Oct 14, 2014 8:15am Oct 14, 2014 8:15am
Hi guys,

Long time ago since I posted here last time.....

At the Moment I try to figure out how I can use the TZ zones in a meaningful way for me. But I stumple with my tries till now. In the Chart below I got 2 zones which are not finished yet. One above one below. My question is what could be a smart way to Profit from such situations or what would you TZ pros do here or wait
for.........
Attached Image (click to enlarge)
Click to Enlarge Name: [dax30]m5.png Size: 54 KB
  • #10,260
  • Oct 14, 2014 8:32am Oct 14, 2014 8:32am
Quoting kprsa
{quote} Ciao Franco, 1) is done in v3, as cfdtaleong mentioned. 2) what do you mean exactly by ETZ or UTZ? End-of-bar and mid-bar? k
Oh hello K.....so sorry ...but reading so many pages in a short while made me confused; actually, in my previous post, i was referring to Transient-Zones indicator...but now that I checked discovered that that indy is from Firefox! Anyway I thank you so much for your kindness and contribution to the thread.

Ciao F

PS with ETZ I meant Even Transient Zones , with UTZ the uneven ones
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